NOT LISTED FOR SALE

5408 Pelham Way Indianapolis, IN 46216

Estimated Value: $298,606 - $331,000

4 Beds
3.5 Baths
2,812 Sq Ft
$113/Sq Ft Est. Value

Last Sold March 03, 2022

Last sale price $280,000 $100 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,317/month

3 Days on Market

Highlights

  • Traditional Architecture
  • Walk-In Closet
  • Combination Kitchen and Dining Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 4-minute walk to Lawrence Parks Department

About This Home

As of March 2022

This home is located at 5408 Pelham Way, Indianapolis, IN 46216 since 31 January 2022 and is currently estimated at $316,402, approximately $112 per square foot. This property was built in 2001. 5408 Pelham Way is a home located in Marion County with nearby schools including Harrison Hill Elementary School, Belzer Middle School, and Lawrence Central High School.

Last Agent to Sell the Property

Marty Walsh

Offerpad Brokerage, LLC Listed on: 01/31/2022

Last Buyer's Agent

Jodi Gandy

Honor Realty LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 2001

Lot Details

  • 5,445 Sq Ft Lot

HOA Fees

  • $34 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Traditional Architecture
  • Concrete Perimeter Foundation
  • Vinyl Construction Material

Interior Spaces

  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Combination Kitchen and Dining Room
  • Fire and Smoke Detector
  • Finished Basement

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • Benjamin Square Subdivision
  • Property managed by Kirkpatrick Management Co

Listing and Financial Details

  • Assessor Parcel Number 490807104096000407

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,010

Year Built

Built in 2001

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Architectural Style: TraditonalAmerican
  • Property Type: Residential
  • New Construction: No
  • Tax Year: 2020
  • Year Built: 2001
  • Building Area Total: 2812
  • Garage Y N: Yes
  • Lot Size Acres: 0.125
  • Subdivision Name: BENJAMIN SQUARE
  • Inspection Warranties: Other
  • Transaction Type: Sale
  • Special Features: None

Interior Features

  • Basement: Yes
  • Basement Type: Finished
  • Appliances: Dishwasher, Dryer, Gas Oven, Range Hood, Refrigerator, Washer
  • Levels: Two
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log, Gas Starter, Living Room
  • Fireplaces: 1
  • Interior Amenities: Walk-in Closet(s)
  • Other Equipment: Smoke Detector
  • Areas Interior: Foyer Small
  • Eating Area: Dining Combo/Kitchen
  • Basement Full Bathrooms: 1
  • Main Level Full Bathrooms: 0
  • Sq Ft Main Upper: 2036
  • Main Level Sq Ft: 859
  • Basement Half Bathrooms: 0
  • Main Half Bathrooms: 1
  • Below Grade Sq Ft: 776
  • Upper Level Sq Ft: 1177
  • Pct Optional Level Finished: 75+%

Exterior Features

  • Construction Materials: Vinyl With Brick
  • Disclosures: Not Applicable
  • Exterior Features: Driveway Concrete
  • Foundation Details: Concrete Perimeter
  • List Price: 259900
  • Association Maintained Building Exterior: 0
  • Porch: Deck Main Level,Covered Porch

Garage/Parking

  • Garage Spaces: 2
  • Fuel: Gas
  • Garage Parking Description: Attached

Utilities

  • Sewer: Sewer Connected
  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Forced Air
  • Water Source: Public
  • Solid Waste: 0
  • Water Heater: Gas

Condo/Co-op/Association

  • Association Fee: 203
  • Association Fee Frequency: Semi-Annually
  • Management Company Name: Kirkpatrick Management Co
  • Management Company Phone: 317-558-5379
  • H O A Disclosures: Transfer Fee

Fee Information

  • Association Fee Includes: Other

Lot Info

  • Property Attached Yn: No
  • Parcel Number: 490807104096000407
  • Acres: <1/4 Acre
  • Lot Number: 138
  • Lot Size: 5,445

Green Features

  • Green Certification Y N: 0

Tax Info

  • Tax Annual Amount: 4010
  • Semi Annual Property Tax Amt: 2005
  • Tax Exemption: HomesteadTaxExemption

MLS Schools

  • School District: Lawrence Township
  • Schools: Belzer Middle,Harrison Hill Elementary,Lawrence Central High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 17, 2022
Sold by
Offerpad Spe Borrower A Llc
Bought by
Taylor Scott and Taylor Amber
Seller's Agent
Marty Walsh
Offerpad Brokerage, LLC
Buyer's Agent
Jodi Gandy
Honor Realty LLC
List Price
$259,900
Sold Price
$280,000
Premium/Discount to List
$20,100
7.73%
Total Days on Market
3
Current Estimated Value
$316,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,402
Avg. Annual Appreciation
3.80%
Original Mortgage
$224,000
Outstanding Balance
$211,641
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$104,761

Purchase Details

Listed on
Jan 31, 2022
Closed on
Mar 2, 2022
Sold by
Offerpad Spe Borrower A Llc
Bought by
Taylor Scott and Taylor Amber
Seller's Agent
Marty Walsh
Offerpad Brokerage, LLC
Buyer's Agent
Jodi Gandy
Honor Realty LLC
List Price
$259,900
Sold Price
$280,000
Premium/Discount to List
$20,100
7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Outstanding Balance
$211,641
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$104,761

Purchase Details

Listed on
Jan 31, 2022
Closed on
Jan 10, 2022
Sold by
R2m Llc
Bought by
Offerpad Spe-Borrower A Llc
Seller's Agent
Marty Walsh
Offerpad Brokerage, LLC
Buyer's Agent
Jodi Gandy
Honor Realty LLC
List Price
$259,900
Sold Price
$280,000
Premium/Discount to List
$20,100
7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2022
Closed on
Jan 4, 2022
Sold by
R2m Llc
Bought by
Offerpad Spe-Borrower A Llc
Seller's Agent
Marty Walsh
Offerpad Brokerage, LLC
Buyer's Agent
Jodi Gandy
Honor Realty LLC
List Price
$259,900
Sold Price
$280,000
Premium/Discount to List
$20,100
7.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2019
Sold by
Mara Sandy A
Bought by
R2m Llc

Purchase Details

Closed on
Dec 8, 2011
Sold by
Mara Robert Jeffrey
Bought by
Mara Sandy A

Purchase Details

Closed on
Apr 27, 2006
Sold by
Loyd Elaine Marlene
Bought by
Not Provided
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Taylor Scott -- Hall Render Killian Heath & Ly
Taylor Scott -- Hall Render Killian Heath & Ly
Offerpad Spe-Borrower A Llc -- Hall Render Killian Heath & Ly
Offerpad Spe-Borrower A Llc $246,387 Hall Render Killian Heath & Ly
R2m Llc $118,250 Royal Title Services
Mara Sandy A -- None Available
Not Provided $119,376 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Scott $224,000
Closed Taylor Scott $224,000
Previous Owner R2m Llc $118,250
Previous Owner Mara Sandy A $96,400
Previous Owner Mara Robert J $114,400
Previous Owner Mara Robert J $28,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/03/2022 03/03/22 Sold $280,000 +7.7% $100 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/31/2022 01/31/22 For Sale $259,900 -- $92 / Sq Ft
Source: MIBOR Broker Listing Cooperative®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,150 $280,300 $33,400 $246,900
2023 $6,150 $280,300 $33,400 $246,900
2022 $4,830 $217,600 $33,400 $184,200
2021 $4,267 $189,600 $33,400 $156,200
2020 $4,009 $176,300 $24,800 $151,500
2019 $1,704 $165,500 $24,800 $140,700
2018 $1,580 $153,300 $24,800 $128,500
2017 $1,505 $146,000 $24,800 $121,200
2016 $1,491 $144,800 $24,800 $120,000
2014 $1,384 $138,400 $24,800 $113,600
2013 $1,546 $156,800 $24,800 $132,000
Source: Public Records

Agents Affiliated with this Home

  • Marty Walsh

    Seller's Agent in 2022

    Marty Walsh

    Offerpad Brokerage, LLC

    (314) 916-9251

    Section Image
  • Jodi Gandy

    Buyer's Agent in 2022

    Jodi Gandy

    Honor Realty LLC

    (317) 340-8839

    25 in this area

    368 Total Sales

    Section Image
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Map

Source: MIBOR Broker Listing Cooperative®

MLS Number: 21836042

MIBOR Broker Listing Cooperative®

APN: 49-08-07-104-096.000-407

Indiana Marion County Indianapolis 46216

5408 Pelham Way, Indianapolis, IN

This home is located at 5408 Pelham Way, Indianapolis, IN 46216 since 31 January 2022 and is currently estimated at $316,402, approximately $112 per square foot. This property was built in 2001. 5408 Pelham Way is a home located in Marion County with nearby schools including Harrison Hill Elementary School, Belzer Middle School, and Lawrence Central High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIBOR Broker Listing Cooperative® Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

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